VIVAnews - PT Apexindo Pratama Duta Tbk (APEX) will list 523,000 shares from its employee stock option plan (ESOP) conversion at the Indonesia Stock Exchange (IDX) on Wednesday, March 18.
This new conversion will increase the company’s shares listed on the IDX to 2,659,822,500 shares.
”While the amount of ESOP shares that are yet to convert is equal to 27,500 shares,” said Head of Real Sector Listing Division of IDX, I Gede Nyoman Yetna, and Head of Stock Trading Division, Supandi, during the IDX announcement in Jakarta, on Tuesday, March 17.
The IDX has suspended the trading in Apexindo shares both in cash and regular markets.
Earlier, Apexindo Pratama Duta had offered to buy its public shares at Rp 2,975 per share. It is in line with the company’s plan to delist from the IDX due to a possible violation of chain listing regulation.
Vice President Director of Apexindo Pratama Duta, Tito Sulistio, said the offered price is higher than the highest price of the company’s shares in the last two years of Rp 2,750.
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Translated by: Edwin Solahuddin
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